Over the past few years crowdsourcing has receied a great deal of attention. This is most certainly a combination of social media and the adoption by startups and small businesses. Now while we are seeing an increase in attention — more serious questions are being asked by CEO’s and senior executives.
- What is crowdsourcing?
- How is crowdsourcing used?
- How big is crowdsourcing?
- What are the downsides of crowdsourcing?
One of the reasons why I enjoy infographics is because — especially if done well — they do a very nice job in taking a great deal of boring data and make it easy to digest.
So the infographic provided below is by BizMedia and it does a very nice job answering many of the above questions. Please let me know what you think and I hope you find the information useful.